Credit Risk jobs in Alberta

Job Summary

Olympia is seeking an experienced and dynamic Risk Manager to join our organization. Reporting to the Chief Risk Officer, this role is responsible for supporting the ongoing development, implementation, and enhancement of the enterprise risk management (ERM) program in alignment with OSFI regulatory expectations. The Risk Manager will support all aspects of risk within Olympia, including enterprise, operational, third-party, cyber and fraud risk, as well as business continuity. Experience in risk management within the financial services industry and a proven track record of implementing effective risk management strategies is essential. The Risk Manager will play a key role in identifying, assessing, monitoring, and reporting risks across the organization, while promoting a strong risk culture and ensuring effective collaboration with business units.

Duties and Responsibilities

• Support the ongoing implementation, and continuous improvement of the enterprise risk management framework.
• Ensure alignment with OSFI guidelines (including Corporate Governance Guideline, E-21 Operational Risk, B-10 Third-Party Risk, and related expectations).
• Assist in the refinement and maintenance of risk policies, standards, and procedures.

• Facilitate enterprise-wide risk identification and risk assessments across key risk categories (e.g., operational, strategic, regulatory, reputational).
• Lead or support Risk and Control Self-Assessments (RCSAs).
• Maintain enterprise risk registers and risk profiles.

• Develop, track, and report on key risk indicators (KRIs) and risk appetite metrics.
• Prepare regular risk reports for senior management, Board committees, and regulators.
• Escalate material risk issues and emerging risks in a timely manner.

• Oversee risk event reporting, including investigation and root cause analysis.
• Track remediation actions and ensure timely resolution of control deficiencies.
• Maintain risk and issue logs with appropriate governance.

• Support regulatory exams, internal audits, and compliance reviews.
• Monitor regulatory developments and assess impacts to the organization.
• Ensure documentation and practices align with OSFI expectations for federally regulated financial institutions.

• Act as a trusted advisor to business units on risk management practices and control design.
• Promote risk awareness and accountability throughout the organization.
• Deliver training and guidance on ERM tools and methodologies.

Flexible to perform a variety of tasks as required to support the team, business, and organizational priorities.

Competencies

• Connection - We build long-term relationships by collaborating with our clients and industry participants.
• Accountability - We are a trusted business partner operating with transparency and integrity.
• Innovation - We leverage technology to continuously improve how we serve our customers.
• Communication - Communicates well, delivers presentations, has good listening skills
• Decision Making - Able to reach decisions, takes thoughtful approach when considering options, seeks input from others, makes difficult decisions.
• Initiative - Takes action, seeks new opportunities, strives to see projects to completion
• Interpersonal Skills - Builds strong relationships, is flexible/adaptable, works well with others, solicits feedback.
• Quality of Work - Attention to detail, maintains documents in appropriate areas and proactively correcting errors, and bringing issues found in the system forward.

Formal education and experience

• Bachelor’s degree in Finance, Business, Risk Management, or a related field is required.
• Professional designation (such as CFA, FRM or CRM) is preferred.
• 8 – 10 years of experience in risk management, audit, or compliance within a financial institution is required.

Specialized skills or knowledge

• Strong knowledge of OSFI regulatory frameworks and expectations.
• Enterprise risk management expertise.
• Critical thinking and problem-solving.
• Experience with ERM frameworks, RCSAs, KRIs, and risk reporting.
• Strong analytical, communication, and stakeholder management and presentation skills.
• Ability to work effectively with senior leadership and influence decision-making.
• High integrity and professional judgment.
• Collaboration and stakeholder influence.

Role Details

• Reports to: Chief Risk Officer
• Employment Type: Full-Time, On-site

Please note that employment is conditional upon the successful completion of a criminal background check and employment verification. Additional screening may be required depending on the role, and from time to time at Olympia’s sole discretion.

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